President Trump touted the strength of the economy in the month since he took office, including record highs on the stock markets.
“Great optimism for future of U.S. business, AND JOBS, with the DOW having an 11th straight record close. Big tax & regulation cuts coming!” Trump tweeted.
Great optimism for future of U.S. business, AND JOBS, with the DOW having an 11th straight record close. Big tax & regulation cuts coming!
— Donald J. Trump (@realDonaldTrump) February 25, 2017
Trump also argued he’s done more to limit the national debt during his first month than President Obama did during his first month in 2009.
“The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo,” Trump tweeted.
The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo.
— Donald J. Trump (@realDonaldTrump) February 25, 2017
When Obama took office in 2009, the economy was in recession and he signed into law a stimulus package aimed at limiting the effects of the downturn, legislation that had the effect of increasing the size of the federal debt. The state of the economy is much stronger now as it nears full employment.
